Download This PaperGovernance and Efficiency With and Without Government
41 Pages Posted: 13 Aug 2018 Last revised: 9 Jan 2023
Date Written: April 27, 2018
Abstract
This paper explores the relationships between forms of governance and efficiency, in societies with and without State, with several specific agent behaviors. Using a theoretical framework where the private agents are, or are not, able to efficiently coordinate their actions, we study how forms of governance affect the level of welfare of each society.
Keywords: Governance Capacity, Public Good, Public Choice, Efficiency
JEL Classification: H11, H23, H41
Suggested Citation: Suggested Citation
Angelini, Francesco and Candela, Guido and Castellani, Massimiliano, Governance and Efficiency With and Without Government (April 27, 2018). Available at SSRN: https://ssrn.com/abstract=3221133 or http://dx.doi.org/10.2139/ssrn.3221133
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